Fraud Smart

Informationen zum Autor KH Spencer Pickett has an international reputation as a leading author on the subject of internal auditing and specializes in the development of E-learning resources. Please see www.businesscontrolstraining.co.uk for further details. Klappentext A professional guide to developing training for fraud risk and detectionThis book provides a simple but effective method of developing a fraud risk awareness strategy that focuses on training employees using a six-stage approach to this task that involves understanding the threat, appreciating respective responsibilities, embracing a sound moral compass, recognizing red flags, mastering suitable internal controls, and managing the risk of fraud. Using this step-by-step approach, all senior executives, managers, employees, and associates can develop an important new skill set that will help them understand and deal with the risk of fraud in the workplace. Zusammenfassung A professional guide to developing training for fraud risk and detectionThis book provides a simple but effective method of developing a fraud risk awareness strategy that focuses on training employees using a six-stage approach to this task that involves understanding the threat, appreciating respective responsibilities, embracing a sound moral compass, recognizing red flags, mastering suitable internal controls, and managing the risk of fraud. Using this step-by-step approach, all senior executives, managers, employees, and associates can develop an important new skill set that will help them understand and deal with the risk of fraud in the workplace. Inhaltsverzeichnis Preface xiPart I UNDERSTANDING THE THREAT 11 What Do We Mean by Fraud? 3What can go wrong? 4What do the experts say? 6Our model explained 8Income 8Expenditure 9Assets 10Data 11Our three key conclusions 122 A Wide Range of Threats 13What can go wrong? 13What do the experts say? 17Our model explained 19Simple 20Complex 21Internal 22External 23Our three key conclusions 243 T he Global Scene 25What can go wrong 25What do the experts say 28Our model explained 29Domestic 30Foreign 30Goods and services 31Financial data 31Personal identity 32Image versus reality 33Our three key conclusions 334 Building Your Fraud Smart Toolkit 35Key learning objectives 35Part I multichoice quiz 41Part II APPRECIATING RESPECTIVEROLES 475 Fraud Smart Roles and Responsibilities 49What can go wrong? 49What do the experts say? 51Our model explained 54Corporate anti-fraud policy 55Fraud prevention 55Fraud detection 56Fraud response 57Our three key conclusions 586 Fraud Smart Skills Profile 59What can go wrong? 59What do the experts say? 61Our model explained 63Compliant 63Honest 65Competent 65Astute 66Our three key conclusions 677 Fraud Smart Training Needs 69What can go wrong 69What do the experts say 71Our model explained 72Anti-fraud policy 73Training policy 74Fraud control responsibilities 74Current versus required profile 74Personal development strategy 76Our three key conclusions 768 Building Your Fraud Smart Toolkit 79Key learning objectives 79Part II multichoice quiz 84Part III EMBRACING SOUND ETHICS 919 T he Moral Compass 93What can go wrong? 93What do the experts say? 95Our model explained 96Societal best interests 96Corporate best interests 97Personal best interests 98Our three key conclusions 9910 Implementing Values 101What can go wrong? 101What do the experts say? 103Our model explained 104Corporate code of ethics 105Awareness 106Disciplinary code 107Assessment 108Cultural integration 108Our three key conclusions 10911 Whistleblowing 111What can go wrong? 111What do the experts say? 113Our model explained 115Stance 116Manager 117Facilities 118Experience 118Awareness and trust 119Our three key conclusions 12012 Bu...

List of contents

Preface xiPart I UNDERSTANDING THE THREAT 11 What Do We Mean by Fraud? 3What can go wrong? 4What do the experts say? 6Our model explained 8Income 8Expenditure 9Assets 10Data 11Our three key conclusions 122 A Wide Range of Threats 13What can go wrong? 13What do the experts say? 17Our model explained 19Simple 20Complex 21Internal 22External 23Our three key conclusions 243 T he Global Scene 25What can go wrong 25What do the experts say 28Our model explained 29Domestic 30Foreign 30Goods and services 31Financial data 31Personal identity 32Image versus reality 33Our three key conclusions 334 Building Your Fraud Smart Toolkit 35Key learning objectives 35Part I multichoice quiz 41Part II APPRECIATING RESPECTIVEROLES 475 Fraud Smart Roles and Responsibilities 49What can go wrong? 49What do the experts say? 51Our model explained 54Corporate anti-fraud policy 55Fraud prevention 55Fraud detection 56Fraud response 57Our three key conclusions 586 Fraud Smart Skills Profile 59What can go wrong? 59What do the experts say? 61Our model explained 63Compliant 63Honest 65Competent 65Astute 66Our three key conclusions 677 Fraud Smart Training Needs 69What can go wrong 69What do the experts say 71Our model explained 72Anti-fraud policy 73Training policy 74Fraud control responsibilities 74Current versus required profile 74Personal development strategy 76Our three key conclusions 768 Building Your Fraud Smart Toolkit 79Key learning objectives 79Part II multichoice quiz 84Part III EMBRACING SOUND ETHICS 919 T he Moral Compass 93What can go wrong? 93What do the experts say? 95Our model explained 96Societal best interests 96Corporate best interests 97Personal best interests 98Our three key conclusions 9910 Implementing Values 101What can go wrong? 101What do the experts say? 103Our model explained 104Corporate code of ethics 105Awareness 106Disciplinary code 107Assessment 108Cultural integration 108Our three key conclusions 10911 Whistleblowing 111What can go wrong? 111What do the experts say? 113Our model explained 115Stance 116Manager 117Facilities 118Experience 118Awareness and trust 119Our three key conclusions 12012 Building Your Fraud Smart Toolkit 121Key learning objectives 121Part III multichoice quiz 126Part IV RECOGNIZING RED FLAGS 13313 T he Ingredients of Fraud 135What can go wrong? 135What do the experts say? 137Our model explained 138Benefits 138Access 140Motive 141Concealment 142Our three key conclusions 14214 Why People Slip Up 145What can go wrong? 145What do the experts say? 148Our model explained 149Basic salary versus added pressure 150Personal needs met? 150Rationalization 151Legality versus illegality 151Our three key conclusions 15215 Recognizing Red Flags 153What can go wrong? 153What do the experts say? 156Our model explained 157Lifestyle 158Position 158Behaviour 159Our three key conclusions 16116 Building Your Fraud Smart Toolkit 163Key learning objectives 163Part IV multichoice quiz 169Part V MASTERING SUITABLE CONTROLS 17717 T he Control Concept 179What can go wrong? 179What do the experts say? 180Our model explained 181Control environment 182Risk assessment 183Controls 184Monitoring 184Objectives, information and communication 185Our three key conclusions 18618 Basic Controls 189What can go wrong? 189What do the experts say? 191Our model explained 192Authorization 193Exceptions 194Procedures 194Verification 195Supervision 195Segregation of duties 196Our three key conclusions 19619 Fraud Smart Risk Management 199What can go wrong? 199What do the experts say? 201Our model explained 203Objectives and business strategy 204Anti-fraud policy 204Threat assessment 206Control review 207Risk management strategy 208Detection routines 208Response and fix tools 209Staff surveys 211Enterprise risk management 212Our three key conclusions 21220 Building Your Fraud Smart Toolkit 215Key learning objectives 215Part V multichoice quiz 221Appendix A C orporate Fraud Smart Policy 227Appendix B Multichoice Quiz: Answers 245Appendix C Fraud Smart: Your Score Sheet 247index 249

Product details

• Authors: K H Spencer Pickett, K. H. Spencer Pickett, K. H. Spencer (Civil Service College Pickett, Pickett K. H. Spencer
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 09.02.2012
• EAN: 9780470682586
• ISBN: 978-0-470-68258-6
• No. of pages: 280
• Subjects: Social sciences, law, business > Business > Business administration; Rechnungswesen, Revision, Accounting, Auditing, Revision (Wirtsch.)